IR-2025-114, Nov. 21, 2025 WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued guidance for workers eligible to claim the deduction for tips and for overtime compensation for tax year 2025. Notice 2025-69 PDF clarifies for workers how to determine the amount of their deduction without receiving a separate accounting from their employer for cash tips or qualified overtime on information returns such as Form W-2 or Form 1099, as those fo

Starting January 1, 2026, Richmond City will require retailers to collect a 5-cent tax for each disposable plastic bag they provide customers, joining the following localities:   Albemarle County  Alexandria City  Arlington County  Charlottesville City  Fairfax City  Fairfax County  Falls Church City  Fredericksburg City  Loudoun County  Roanoke City  The tax does not apply to restaurants, food banks, farmers markets, or clothing stores. It also does not apply to:   Durable p

The District of Columbia Office of Tax and Revenue (OTR) reminds taxpayers, tax professionals, software providers, businesses and others about tax changes that will take effect Oct. 1, 2025, or that have been adjusted for tax year 2025 and/or fiscal tax year 2026. These changes are pursuant to the Fiscal Year 2026 Budget Support Emergency Amendment Act of 2025 (Act 26-0146) , and the Fiscal Year 2026 Budget Support Amendment Act of 2025 (Act 26-0148 ) and other annual changes